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  • i t act to be amended once vodafone tax dispute resolved

    I-T Act to be amended once Vodafone tax dispute resolved: Chidambaram

    April 07, 2013 8:23 IST

    New Delhi, Apr 7: Finance Minister P Chidambaram has said the government will amend the Income Tax Act once the over Rs 11,200 tax dispute with Vodafone is resolved.The Minister said, however, that such an

  • govt to complete full term reforms on roll chidambaram

    Govt to complete full term; reforms on roll: Chidambaram

    April 07, 2013 8:14 IST

    New Delhi, Apr 7: Dismissing talk of early elections, Finance Minister P Chidambaram has sent clear signals of pressing ahead with reforms agenda hoping to get Opposition's support for passage of Insurance Bill and will

  • modi s gujarat bears the third highest debt burden after

    Modi's Gujarat bears the third highest debt burden after Bengal and UP

    April 07, 2013 6:34 IST

    New Delhi: Chief Minister Narendra Modi's Gujarat government bears the third highest burden after West Bengal and Uttar Pradesh, says a media report.While Gujarat's actual debt was Rs 1,38,978 cr as on March 2012 and

  • sugar industry decontrolled

    Sugar industry decontrolled

    April 05, 2013 10:26 IST

    New Delhi, Apr 4:  The Indian government Thursday decided to decontrol the Rs.80,000 crore (around $15.5 billion) sugar industry in line with the suggestions of a panel headed by C. Rangarajan, the chairman of the

  • 612 indians including 2 mps have shell companies in tax

    612 Indians including 2 MPs have shell companies in tax havens: report

    April 04, 2013 14:16 IST

    New Delhi, April 3: International Consortium of Investigative Journalists (ICIJ), in collaboration with 38 media organisations across the world, including Indian Express, has revealed that there are 612 Indians who have shell companies in tax

  • rahul gandhi speaks of india as a driving energy for 21st

    Rahul Gandhi speaks of India as a driving energy for 21st century

    April 04, 2013 12:23 IST

    New Delhi, April 3: Congress Vice President Rahul Gandhi today described India, particularly its young generation, as the driving "energy force" for the 21st century.Addressing the captains of industry at the Confederation of Indian Industry

  • india can get back to eight percent growth manmohan singh

    India can get back to eight percent growth: Manmohan Singh

    April 03, 2013 12:33 IST

    New Delhi, April 3: Terming the 5 per cent GDP expansion as clearly disappointing, Prime Minister Manmohan Singh on Wednesday made a case for speedy and decisive actions to achieve 8 per cent economic growth.Addressing

  • wi fi internet facility in howrah rajdhani launched

    Wi-Fi, internet facility in Howrah Rajdhani launched

    April 03, 2013 10:29 IST

    New Delhi, April 3: You can now use the internet using Wi-Fi facility free of cost while travelling in Howrah-bound Rajdhani Express train from New Delhi.The facility was launched by railways today in the premier

  • petrol prices cut by 85 paise per litre

    Petrol prices cut by 85 paise per litre

    April 01, 2013 18:45 IST

    New Delhi, April 1: Petrol price was cut by Oil marketing companies by 85 paise per litre, excluding VAT, effective Monday midnight. This is the second consecutive reduction in the price of the fuel within

  • rail fare freight tariff get costlier

    Rail fare, freight tariff get costlier

    April 01, 2013 13:35 IST

    New Delhi, April 1: Travelling in trains has become costlier from today as the hike in reservation fee and superfast charges announced in the Rail Budget come into effect. Besides hike in passenger fares, freight

  • market ends fy13 on positive note sensex rises 8.23

    Market ends FY13 on positive note, Sensex rises 8.23%

    March 31, 2013 9:08 IST

    Mumbai, March 31: Both key indices, S&P BSE Sensex and CNX Nifty, closed the fiscal 2012-13 on a positive note, coming off four-month lows and and posting a rise of over 0.5 per cent during

  • india s current account deficit hits all time high of 6.7

    India's current account deficit hits all-time high of 6.7%

    March 28, 2013 19:08 IST

    New Delhi, March 28:  India's current account deficit (CAD) touched a record high of 6.7 per cent of GDP in the October-December quarter, mainly on account of widening trade gap.The CAD, which is the difference

  • panel proposes unified regulator for finance sector

    Panel proposes unified regulator for finance sector

    March 28, 2013 18:45 IST

    New Delhi, March 28: Seeking to reform the financial sector regulations, the government-appointed FSLRC has proposed Indian Financial Code Bill to pave way for creation of a unified financial regulator and limit the role of

  • doing business in india is messy say us investors

    Doing business in India is messy, say US investors

    March 23, 2013 18:25 IST

    Washington, Mar 23: Despite the recent series of economic reform being pushed by the Indian government, US investors and officials have told a visiting top Indian official that doing business in India is "messy"."I do

  • diesel prices hiked by 45 paise a litre from saturday third

    Diesel prices hiked by 45 paise a litre from Saturday, third increase since January

    March 23, 2013 10:39 IST

    New Delhi, March 23: Diesel price has been hiked by 45 paisa per litre, the third increase in the rate of nation's most consumed fuel since January.Diesel price will be hiked by 45 paisa, excluding

  • govt will continue with economic reforms despite political

    Govt will continue with economic reforms despite political upheaval: Chidambaram

    March 20, 2013 13:46 IST

    New Delhi, March 20: Undeterred by adverse political developments, Finance Minister P. Chidambaram on Wednesday said that there will be no let up in the Government's efforts to continue with the economic reforms and he

  • read full statement rbi s mid quarter monetary policy review

    Read full statement: RBI's mid-quarter monetary policy review

    March 19, 2013 18:48 IST

    New Delhi, March 19: The Reserve Bank of India on Tuesday slashed short-term lending rate by 0.25 per cent to 7.5 per cent, which the bankers read as not enough for an immediate cut in

  • rbi cuts repo rate by 0.25 indicates limited room for more

    RBI cuts repo rate by 0.25%, indicates limited room for more

    March 19, 2013 13:51 IST

    New Delhi, March 19: In line with expectations, the RBI on Tuesday cut its short-term lending rate by 0.25 per cent to spur growth and revive investment but sounded a note of caution on further

  • food inflation a credit negative for india moody s

    Food inflation a credit negative for India: Moody's

    March 18, 2013 17:51 IST

    New Delhi, March 18, 2013: Global rating agency Moody's said on Monday India's high food inflation is credit negative for the country as it hurts government finances and curtails the ability of the Reserved Bank

  • cil s 10 stake sale to fetch rs 18k cr next fiscal

    CIL's 10% stake sale to fetch Rs 18k cr next fiscal

    March 17, 2013 13:41 IST

    New Delhi, March 17: As its disinvestment programme picks up, the government may next fiscal sell up to 10% stake in the world's largest coal producer Coal India Ltd to rake in over Rs 18,000

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